Experience Stern | News & Events

Excerpt from The Guardian -- "A study out of the NYU Stern School of Business found women in positions of power are consistently considered to be less trustworthy than men holding the same positions; the study was recently replicated and reconfirmed by Anderson Cooper. And research from the Barbara Lee Foundation pinpoints a pedestal effect, where when a woman running for office fails to meet a high bar set for her she is disproportionately dinged by the public, more than her male counterparts."

Excerpt from Al Jazeera -- "There's tremendous uncertainty. Not only is there the economic uncertainty that was created by the referendum decision, but also there is very significant political uncertainty. The Labour Party is in disarray. There is a leadership battle for the Conservative Party. We don't also see a very strong politician who might be willing to reverse the referendum decision at the Parliament level. That would be the best of all worlds, in my opinion. But we don't see somebody like that. So we are still in very major uncertainty."

Excerpt from The Wall Street Journal -- "Very long run forces are pushing us toward automation and the increasing substitution of capital for labor. As we get there, there is a shift in how we are organized at work. It reflects the fact that we have these platforms coming between the firm and the market. There will be labor that in some ways doesn’t fit into either."

Excerpt from Reuters -- "'Bangladesh is still very competitive, so we may not see a dramatic pullout,' said Labowitz of the Center for Business and Human Rights. 'But there may perhaps be a slow trickle of buyers losing confidence and looking elsewhere,' she said."

Excerpt from Bloomberg View -- "A model set up by economists at New York University regularly performs a sort of simplified stress test on the world's largest financial institutions. It does so by asking the stock market what it thinks about the value and riskiness of the banks' assets, then using that information to estimate what would happen to the banks in a severe crisis -- and how much added equity capital they would need to avoid distress."

Excerpt from FAZ -- "Fast computers, algorithms and so-called live feeds of data from different exchanges can help investors decide what and when they buy or sell. Therefore, investing is an increasingly more resource-intensive process."

Excerpt from Business Insider -- "In this case, according to Galloway, Tesla did three things right:

It acknowledged the problem in a blog post on its website Thursday.
Had the top guy address the matter head-on.
And it overcorrected; reiterating Autopilot's limitations, and reminding drivers to stay alert, even with the feature activated."

Excerpt from Indianapolis Business Journal -- "New York University real-estate professors Jeanne Calderon and Gary Friedland are the foremost academic experts on EB-5 and published 'A Roadmap to the Use of EB-5 Capital.' The database lists 27 major projects that have sought a total of $5.4 billion in EB-5 financing."

Excerpt from The Harvard Business Review -- "What’s tripping us up? Robert H. Frank, a Cornell economist and the author of Success and Luck, provides one explanation: We just don’t see the large role that chance events play in people’s life trajectories. If someone lands a great job and makes lots of money, we interpret those outcomes as evidence of smarts and hard work. (We look at our own lives the same way.) As for those who don’t thrive? Well, we tell ourselves, maybe they’ve caught a bad break here and there, but they could turn things around if they tugged on their bootstraps a bit harder."

Excerpt from Forbes -- "In a recent paper, Thomas Philippon from New York University finds the annual cost of financial intermediation in the U.S., which is roughly 2%, is the same now as it was in the late nineteenth century. This leads him to conclude that the US finance industry has showed no efficiency gains at all over 130 years."

Excerpt from Mic -- "[Brexit] is a major setback for the European Union in particular because the whole idea of integration was actually to expand as much as possible, within the European countries, not shrink it. So that's a major issue. It's a major issue both from a political point of view and also from an economic point of view."

Excerpt from The Washington Post -- "Full-time employment, in other words, means something a lot better than could have been the case, Sundararajan argues. And it’ll take us time to figure out how to do the same for work in the new crowd-based capitalism. 'When we transition to the individual-is-an-owner model,' he adds, 'you’re starting at a better place fundamentally.'"

Excerpt from the Los Angeles Times -- "'Unless statistics show this is not only as dangerous but more dangerous than traditional modes of driving, I don’t think you’re going to see a slowdown' in using the technology, [Galloway] said."

Excerpt from CNBC -- "'The system would be safer if the disbursement of capital remains limited,' said Kim Schoenholtz, professor of management practice in the New York University economics department. 'The level of capital requirements is too low.'"

Excerpt from Luxury Daily -- "'John Lobb is a brand whose DNA relies on the one-on-one relationship between the craftsman and the customer,' Ms. Serdari said. 'It is the tacit knowledge John Lobb’s craftsmen have about the brand’s customers from doing bespoke order after bespoke order that gives them that extra confidence in manipulating the materials.'"

Excerpt from Bloomberg -- "The fact that pretty much the banks are getting a clean bill of health, seems to me slightly overoptimistic, in the sense that we can see that the bank capital ratios have improved over the last several years. But I don't think that they're kind of where they ought to be. So I think there's still work to be done."

Excerpt from Marketplace -- "'One thing is theory, the other is practice,' he said. 'Although in theory English might leave as an official language of the EU, in practice most diplomats, most politicians will continue to use English to communicate amongst themselves.'"

Excerpt from The Economist -- "Shlomo Angel of New York University has studied seven African cities in detail: Accra, Addis Ababa, Arusha, Ibadan, Johannesburg, Lagos and Luanda. He calculates that only 16% of the land in new residential areas developed since 1990 has been set aside for roads—about half as much as planners think necessary. And 44% of those roads are less than four metres wide."

Excerpt from Bloomberg -- "I think this is an episode of volatility. How much is it going to last? The previous two lasted about two months. In this case, I think the uncertainty is going to be much longer. The UK will have to decide whether to invoke Article 50 and when, when the negotiations will start towards a divorce."

Excerpt from Bloomberg -- "'At a minimum, it looks opaque and devious,' said Viral Acharya, a professor of economics at New York University’s Stern School of Business. 'Setting a precedent to compromise central bank risk management for public-sector bank recapitalization could lead to repeat and more devious interventions that over time could be perceived as an attack on central bank independence.'"

Excerpt from PolitiFact -- "'This economic expansion would be expected to expand imports more than exports would expand, and thus the trade deficit would be expected to widen, holding other things constant,' Lawrence J. White, a professor at New York University’s Stern School of Business."

Excerpt from MarketWatch -- "'Upwork offers a remarkably detailed look at what skills professionals are providing and what skills are being sought-after, and the data also has tremendous breadth -- ranging from software development to technical writing to increasingly high-end skills like legal and business consulting,' said New York University professor John Horton."

Excerpt from Forbes -- "In the just-published book The End of Accounting (John Wiley & Sons, Inc.), authors Baruch Lev and Feng Gu report that in corporations’ quarterly 'earnings' calls, almost none of the questions from analysts involve reported earnings. For example, the transcript of a Netflix conference call showed analysts asking about such matters as the progress of negotiations with content providers and subscriber additions and cancellations."

Excerpt from Politico -- "The virtual currency, which is still quite unstable due to its relatively low supply, has been leveraged by some as a 'store of value' during times of crisis like Brexit and the Greek debt negotiation, NYU finance professor David Yermack told MT."

Excerpt from Shanghai Daily -- "'Firms need to have very active customer service, and departments need to be very engaged with social media,' Morwitz argued."